PROSPECTUS. Eligible Shareholders may apply for Notes and Options in excess of their Entitlement.

Size: px
Start display at page:

Download "PROSPECTUS. Eligible Shareholders may apply for Notes and Options in excess of their Entitlement."

Transcription

1 HILLGROVE RESOURCES LIMITED ACN PROSPECTUS For a fully underwritten non-renounceable entitlement offer to Eligible Shareholders of approximately 5 million convertible notes (Notes) to be issued at a price of $1.00 per Note on the basis of 1 Note for every Shares held as at the Record Date (together with free attaching Options for every 1 Note subscribed for and issued) to raise approximately $5 million (Entitlement Offer). Eligible Shareholders may apply for Notes and Options in excess of their Entitlement. This Entitlement Offer is fully underwritten by Ariadne Capital Pty Ltd. The closing date of this Rights Issue is 13 December IMPORTANT This Prospectus provides important information about the Company and the securities being offered by the Company. You should read the entire document including the Entitlement and Acceptance Form. This Prospectus is a transaction-specific document issued in accordance with section 713 of the Corporations Act 2001 (Cth). If you have any questions about the securities being offered under this Prospectus, or any other matter relating to an investment in the Company, you should consult your professional adviser. If you do not lodge an Entitlement and Acceptance Form by 5pm (Adelaide time) on 13 December 2016, you will not be issued Notes and Options.

2 Table of Contents 1. Investment Overview Details of the Entitlement Offer Action Required by Eligible Shareholders The Company, the purpose of the Entitlement Offer and the effect of the Entitlement Offer on the Company Australian Taxation Implications Key risks Additional information Notes Terms of Issue Options Terms of Issue Glossary...53

3 Important notice Prospectus This Prospectus is issued by Hillgrove Resources Limited ABN (Company) and is an invitation to Eligible Shareholders to participate in a non-renounceable entitlement offer of convertible notes (Notes) (with free attaching Options). Accompanying this Prospectus is your personalised Entitlement and Acceptance Form which contains details of your Entitlement. This Prospectus provides information for Eligible Shareholders to decide if they wish to take up their Entitlement and any Additional Notes (together with attaching Options) under the Top Up Facility. The Entitlement Offer is non-renounceable which means that Eligible Shareholders who do not wish to take up all or any of their Entitlement are not permitted to sell their Entitlement on ASX. More detailed information in relation to how Eligible Shareholders may deal with their Entitlement is set out in Section 3. For the purpose of section 283BH of the Corporations Act 2001 (Cth) (Corporations Act), the Notes can be described as debentures of the Company. The Notes are secured in the sense that the Company and each of the Australian Subsidiaries has agreed to grant security to the Trustee in favour of Noteholders under the terms of the General Security Deeds in order to secure the Company s obligations to the Noteholders. However, as this security will not be a first ranking security, the Corporations Act specifies that the Notes cannot be described as secured notes. The information given in this Prospectus does not constitute investment advice or financial product advice. This Prospectus is of a general nature and has been prepared without taking into account your individual investment objectives, financial situation, tax position or particular investment needs. You should seek your own investment and/or financial advice. Before deciding to participate in the Entitlement Offer, Shareholders should read the entire Prospectus. The information contained in individual sections is not intended to and does not provide a comprehensive review of the business or the financial affairs of the Company or the Notes and Options offered under this Prospectus. The Entitlement Offer does not take into account the investment objectives, financial situation or particular needs of the Shareholder. You should carefully consider the risks that impact on the Company in the context of your personal requirements (including your financial and taxation position) and seek professional guidance from your relevant professional adviser prior to deciding whether to invest in the Company. Some of the risks that you should consider are set out in Section 6 of this Prospectus. Date of this Prospectus This Prospectus is dated 22 November A copy of this Prospectus has been lodged with ASIC and has been provided to ASX Limited (ASX) in connection with an application to be made by the Company for the Notes and Options to be listed on ASX. Neither ASIC nor ASX nor any of their respective officers or employees takes any responsibility for the content of this Prospectus. The fact that ASX has admitted the Company to the official list of ASX and may decide to grant official quotation in respect of the Notes and Options issued under this Prospectus is not to be taken in any way as an indication of the merits of the Company, the Entitlement Offer or the Notes and Options. The expiry date of this Prospectus is 22 December No securities will be issued on the basis of this Prospectus later than the expiry date. Transaction Specific Prospectus This Prospectus is a transaction specific prospectus for an entitlement offer of Notes which are convertible into continuously quoted securities and Options to acquire continuously quoted securities (as defined in the Corporations Act). It has been prepared in accordance with section 713 of the Corporations Act and ASIC Corporations (Offers of Convertibles) Instrument 2016/83. The disclosure in this Prospectus is less than the disclosure required in an initial public offering prospectus or a prospectus prepared in accordance with section 710 of the Corporations Act. In providing information in this Prospectus, regard has been had to the fact that the Company is a disclosing entity for the purposes of the Corporations Act and certain matters may reasonably be expected to be known to investors and professional advisors with whom potential investors may consult. Exposure Period The Corporations Act prohibits the acceptance of an application for, or an issue of, the Notes in the seven calendar day period after the date of this Prospectus. This period is the Exposure Period. The Exposure Period may be extended by ASIC by up to a further seven days. The Company will not accept an application for nor will it issue any Notes (or attaching Options) on the basis of this Prospectus during the Exposure Period. Entitlement and Acceptance Forms received prior to the expiration of the Exposure Period will not be processed until after the Exposure Period. No preference will be conferred on Entitlement and Acceptance Forms received during the Exposure Period and all Entitlement and Acceptance Forms received during the Exposure Period will be treated as if they were simultaneously received on the Opening Date. ASX quotation The Company will apply to ASX within seven days after the date of this Prospectus for the Notes and Options issued under this Prospectus to be quoted on ASX. If ASX does not grant permission for the Notes and Options issued under this Prospectus to be quoted within three months after the date of this Prospectus, the provisions of Section 724(2) of the Corporations Act will apply. 1

4 Important notice (continued) No representations other than as set out in this Prospectus No person is authorised to give any information or to make any representation in connection with the Entitlement Offer that is not contained in this Prospectus. Any information or representation that is not in this Prospectus may not be relied upon as having been authorised by the Company, or its associates in connection with the Entitlement Offer. Except as required by law and then only to the extent so required, none of the Company, the Trustee, the Underwriter nor any of their respective associates warrants or guarantees the future performance of the Company, the Notes and Options or any Shares issued on conversion or exercise of the Notes or any return on any investment made pursuant to this Prospectus. To the extent that this Prospectus contains forward looking statements which may (but need not) be identified by words such as may, could, believe, estimate, expects, intends, anticipates, project, foresee, likely, should, target, plan, consider, aim, will and other similar words that import risks and uncertainties, these forward looking statements are not guarantees of future performance and are subject to various known and unknown assumptions, uncertainties and risk factors that are beyond the control of the Company and could cause the Company s actual results to differ materially from those expressed, implied or anticipated in those statements. These and other risk factors are set out in Section 6. The Company cannot and does not give any assurance that results, performance or achievements expressed or implied by forward looking statements contained in this Prospectus will actually occur and investors are cautioned not to place undue reliance on such forward looking statements. In addition, the information in this Prospectus on the past performance of the Company should not be relied upon as an indication of the likely future performance of the Company. Company s website Any references to documents included on the Company s website are provided for convenience only and none of the documents or other information on the website is incorporated by reference as content of this Prospectus. Offering restrictions This Prospectus and an Entitlement and Acceptance Form do not constitute an offer in any place or country in which, or to any person to whom, it would not be lawful to make such an offer. The Prospectus and Entitlement and Acceptance Form will be sent only to Eligible Shareholders with registered addresses in Australia and New Zealand. The Entitlement Offer is not being extended, and Notes will not be issued, to Shareholders with a registered address which is outside Australia and New Zealand. It is not practicable for the Company to comply with the securities laws of overseas jurisdictions (other than New Zealand) having regard to the number of overseas Shareholders, the number and value of Notes these Shareholders would be offered and the cost to the Company of complying with regulatory requirements in each relevant jurisdiction. This Prospectus may not be distributed in any country outside Australia and New Zealand. The distribution of this Prospectus (including an electronic copy) in jurisdictions outside of Australia may be restricted by law and persons who come into possession of this Prospectus should seek advice on and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. The Corporations Act prohibits any person from passing an Entitlement and Acceptance Form to another person unless it accompanies or is included in a paper copy of this Prospectus or the complete and unaltered electronic version of this Prospectus. Warning to New Zealand Shareholders This Prospectus has been prepared to comply with the requirements of Australian law. No action has been taken to register the Notes or Options or otherwise permit an offering of Notes or Options in any jurisdiction outside of Australia and New Zealand. The offer of Notes and Options to New Zealand residents under the Entitlement Offer, and any subsequent allotment of Shares upon conversion of those Notes or exercise of those Options, will be made in reliance on the Securities Act (Overseas Companies) Exemption Notice 2002 (NZ). Therefore, the Company is not required to register a New Zealand prospectus or prepare and distribute a New Zealand investment statement to New Zealand resident security holders in respect of the Entitlement Offer. Enquiries If you have any questions in relation to the Entitlement Offer, the Notes or the Options please call the Company on (08) between 8.30am and 5.30pm (Adelaide time), Monday to Friday, or contact your professional adviser. Defined words and expressions Some capitalised words and expressions used in this Prospectus have defined meanings. The Glossary in Section 10 defines these words and expressions. The definitions specific to the Notes are in clause 14 of the Note Terms in Section 8. If there is any inconsistency in definitions between the Prospectus and the Note Terms, the definitions in the Note Terms prevail. A reference to time in this Prospectus is to Adelaide time unless otherwise stated. A reference to $, A$, dollars and cents is to Australian currency unless otherwise stated. Some numbers in this Prospectus have been rounded. 2

5 Trading in the Notes and Options The Company will have no responsibility and disclaims all liability (to the maximum extent permitted by law) to persons who trade Notes and Options they believe will be issued to them before they receive their Holding Statements, whether on the basis of confirmation of the allocation provided by the Company or the Registry or otherwise, or who otherwise trade or purport to trade Notes and Options in error or which they do not hold or to which they are not entitled. If you are in any doubt as to these matters you should first consult your stockbroker, accountant or other professional adviser. Holding statements confirming Applicants allocations under the Entitlement Offer are expected to be sent to successful Applicants on or around 20 December Taxation considerations Section 5 of this Prospectus contains a summary of the tax consequences for potential Noteholders and is based on Australian tax law and administrative practice as at the date of this Prospectus. This summary is necessarily general in nature and is not intended to be definitive tax advice to Noteholders. Accordingly, each prospective Noteholder should seek their own tax advice, which is specific to their particular circumstances, as to the tax consequences of investing in, holding and disposing of the Notes. Privacy Disclosure Refer to the information in the privacy statement in Section 7.8. Where can I obtain further information about the Company and the Notes and Options? The Company is a disclosing entity for the purposes of the Corporations Act and as a result is subject to regular reporting and disclosure obligations under the Corporations Act and ASX Listing Rules. In addition, the Company must notify ASX immediately (subject to certain exceptions) if it becomes aware of information about it that a reasonable person would expect to have a material effect on the price or value of its securities (i.e. its Shares and, if the Entitlement Offer is successfully concluded, the Notes and Options). Copies of documents lodged with ASIC and ASX can be obtained from, or inspected at, an ASIC office and can also be obtained from In addition, the following information can be obtained from www. hillgroveresources.com.au: the Company s half-yearly and annual financial reports; all continuous disclosure notices lodged by the Company with ASX; and all other general information provided by the Company to its Shareholders and investors. Trustee The Trustee, Australian Executor Trustees Limited: (a) has not authorised or caused the issue, submission, dispatch or provision of this Prospectus and does not make any statement or purport to make any statement in this Prospectus or any statement on which a statement in this Prospectus is based; (b) nor any of its directors, employees, officers, affiliates, agents, advisors, intermediaries or related body corporate (each a related person ) assumes any responsibility for the accuracy or completeness of any information contained in this Prospectus; (c) to the maximum extent permitted by law expressly disclaims all liability in respect of, makes no representation or any statement regarding, and takes no responsibility for, any part of this Prospectus, or any statements in, or omissions from this Prospectus, other than the references to its name and the statement(s) and/or report(s) (if any) specified below and included in this Prospectus with its written consent; (d) has given, and has not, before the lodgement of this Prospectus with ASIC withdrawn, its written consent to be named in this Prospectus in the form and content in which it is named; (e) nor any related person makes any representation as to the truth and accuracy of the contents of this Prospectus; (f) has relied on the Company for the accuracy of the contents of this Prospectus; and (g) nor any related person makes any representation or warranty as to the performance of the Notes or the payment of interest or redemption of the Notes. 3

6 Chairman s letter 22 November 2016 Dear Shareholder, On behalf of Hillgrove Resources Limited (Company), I am pleased to offer you the opportunity to increase your investment in the Company by participating in a non-renounceable entitlement offer of redeemable, convertible notes with a term of 3 years and a fixed interest rate of 6% per annum (Notes) (Entitlement Offer). Each Note will have a Face Value of $1.00 and will be convertible into Shares at a floating conversion price, which will be set by reference to the formula set out in Section 8 but is based on a maximum share price of 3 cents per Share. Under the Entitlement Offer, Eligible Shareholders will be entitled to subscribe for 1 Note for every Shares held at 28 November 2016 (together with free attaching Options exercisable at $0.03 each on or before 20 September 2017 for every 1 Note subscribed for and issued). Eligible Shareholders are also invited to apply for Additional Notes over and above their Entitlement under the Top Up Facility. The Entitlement Offer is fully underwritten by Ariadne Capital Pty Ltd. The Company intends to raise $5,000,248 by undertaking the Entitlement Offer. The Options, if exercised, would raise up to a further $5,643,279 in additional funds. The funds raised pursuant to this Entitlement Offer will be used: to fund the cutback of the Giant Pit during a period of constrained cash flow; to cash back the $1.6 million performance bond issued by Macquarie Bank Ltd in favour of Electranet Pty Limited; and for working capital purposes. The Company expects to be readily able to meet all financial commitments under the Notes (i.e. to pay interest and to redeem the Notes as and when required under the Note Terms). Pursuant to the Guarantee, each of the Australian Subsidiaries has agreed to guarantee to the Trustee the Company and each other Australian Subsidiary s obligations under the Trust Deed, Note Terms and Guarantee (as applicable). The Notes will also be secured by security interests granted by the Company and the Australian Subsidiaries. It is the intention of the Company that the Notes and Options will be quoted on ASX. The Entitlement Offer is scheduled to close on 13 December Full details of the Entitlement Offer, including the terms of issue of the Notes and the Options, the effect of the Entitlement Offer on the Company and the risks associated with an investment in the Notes and Options, are set out in this Prospectus. I encourage you to read the entire Prospectus carefully and consider all the risks before deciding whether to participate in the Entitlement Offer. If you are uncertain whether the Notes and Options are a suitable investment for you, please consult your professional adviser for appropriate advice. If you have any questions about the Entitlement Offer please call the Company on (08) between 8.30am and 5.30pm (Adelaide time), Monday to Friday. Shareholders have been aware of the Company s constrained cash flow for some time. The terms of this Entitlement Offer are the best that could be negotiated in the circumstances. Shareholders should be advised that those choosing not to participate in the Entitlement Offer, may suffer a significant dilution of their interests in, and so value in, the Company as and when Notes are converted or Options are exercised. Shareholders should seek the guidance of professional advisors regarding the impact of the Entitlement Offer on their shareholding in the Company. The Directors encourage all Eligible Shareholders to participate in the Entitlement Offer and the Directors intend to take up their Entitlements. Yours sincerely Dean Brown AO Chairman Hillgrove Resources Limited 4

7 Key dates Indicative timetable of key dates Key Dates for the Entitlement Offer Date Lodgement of Prospectus with ASIC 22 November 2016 Securities commence trading on ex rights basis 25 November 2016 Record Date (to identify Eligible Shareholders) 28 November 2016 Prospectus and Entitlement and Acceptance Forms despatched to Shareholders 30 November 2016 Opening Date for the Entitlement Offer 30 November 2016 Closing Date for the Entitlement Offer 5.00pm (Adelaide time) on 13 December 2016 Notes and Options begin trading on ASX on a deferred settlement basis 14 December 2016 Issue Date of Notes and Options Deferred settlement trading ends 20 December 2016 Holding Statements despatched 20 December 2016 Notes and Options commence trading on ASX (normal settlement basis) 21 December 2016 Key Dates for the Notes Date First Interest Payment Date 1 30 June 2017 Maturity Date 20 December 2019 Key Dates for the Options Date Expiry Date 2 20 September Interest is scheduled to be paid in arrears at the end of each half yearly Interest Period (being 31 December and 30 June of each year during the term of the Notes). The final Interest Period will end on the earlier of the Redemption Date, the Maturity Date and the Conversion Date. If any of the scheduled Interest Payment Dates is not a Business Day, then the due date for payment of Interest will be postponed to the next Business Day. If that occurs, the Noteholder is not entitled to any additional payment in respect of that delay. 2 The Options will be exercisable on or before the Expiry Date, being the date that is 9 months after the Issue Date. Dates may change The key dates for the Entitlement Offer are indicative only and may change without notice. The Company, in consultation with the Underwriter, may agree (without notice to any Shareholder or other person) to vary the timetable, including by extending the Closing Date, closing the Entitlement Offer early, accepting late Applications or withdrawing the offer made under the Entitlement Offer at any time before the Notes and Options are issued. If the offer made under the Entitlement Offer is withdrawn before the issue of the Notes and Options, all Application Moneys received by the Company will be refunded (without interest) to Applicants as soon as practicable after the withdrawal. In addition, ASIC may extend the Exposure Period by up to seven calendar days in which case the Opening Date for the Entitlement Offer and other dates may be varied accordingly without notice. 5

8 1. Investment Overview Important Notice This Section provides a summary of the key features and risks of the Entitlement Offer and the Notes and Options. This Section is not intended to provide full information for Shareholders considering whether to take up their Entitlement. If you wish to take up your Entitlement, it is important that you first read the Prospectus in full and it is recommended that you seek professional advice which takes into account your particular investment objectives, financial situation and needs from a professional adviser who is licensed by ASIC to give such advice. Topic Summary Where to find more information 1.1 Overview of the Entitlement Offer What is the Entitlement Offer? Who is making the Entitlement Offer? What is the purpose of the Entitlement Offer? What are the Notes? Who is the Trustee? The Entitlement Offer is a fully underwritten non-renounceable entitlement offer to Eligible Shareholders of approximately 5,000,000 convertible notes (Notes) to be issued at an issue price of $1.00 per Note, on the basis of 1 Note for every Shares held on the Record Date (together with free attaching Options for every 1 Note subscribed for and issued) to raise approximately $5 million. Eligible Shareholders may apply for Notes in excess of their Entitlement. Hillgrove Resources Limited ACN (Company). The Company was initially listed on ASX on 22 July It is an Australian mining company with a mix of producing and exploration assets. The Company is primarily focused on mining and production at its Kanmantoo open pit copper mine in South Australia. The funds raised pursuant to this Entitlement Offer will be used: to fund the cutback of the Giant Pit during a period of constrained cash flow; to cash back the $1.6 million performance bond issued by Macquarie Bank Ltd in favour of Electranet Pty Limited; and for working capital purposes. The securities offered by the Company under the Entitlement Offer are redeemable, convertible notes (Notes) with a 3 year term and a fixed interest rate of 6% per annum. The Notes are: fully paid the Issue Price of $1.00 per Note must be paid to the Company before the Notes are issued; redeemable the Notes are subject to early redemption by the Company at a 20% premium to the Face Value of $1.00 (subject to a right for Noteholders to elect to convert their Notes into Shares). Any Notes not converted or redeemed prior to the maturity date will be redeemed at Face Value; secured the Notes are secured by security (ranked as described below) granted by the Company and each of the Australian Subsidiaries to the Trustee under the terms of the General Security Deeds; ranked, for security purposes, after Existing Senior Debt Obligations and Permitted New Debt although they have priority over the Company s ordinary shares and the claims of unsecured creditors, the Notes rank behind the Company s Existing Senior Debt Obligations, any Permitted New Debt and the claims of other creditors with priority at law in a winding-up; and convertible the Notes are convertible by the Noteholder at a floating conversion price, which will be set by reference to the formula set out in Section 1.2 below and in Section 8 and is based on a maximum share price of 3 cents per Share. Set out below in Section 1.2 is a detailed summary of the terms of the Notes. A full copy of the Note Terms is set out in Section 8. Rights and liabilities attaching to the Notes may also arise under the Corporations Act, the ASX Listing Rules and other applicable laws. Australian Executor Trustees Limited has agreed to act as the trustee in relation to the Notes pursuant to the terms of the Trust Deed. The Notes are issued subject to the terms and conditions contained in the Trust Deed. Summaries of the Trust Deed and the General Security Deeds are set out in Section 7.4. The interest payments on the Notes are obligations of the Company and are not guaranteed by the Trustee or any of its directors, employees, officers, affiliates, agents, advisers, intermediaries, related body corporate or any other entity. The obligation to redeem the Notes in accordance with the Note Terms is a direct obligation of the Company. Neither the Trustee nor any of its directors, employees, officers, affiliates, agents, advisers, intermediaries, related body corporate or any other entity guarantees the redemption of or prepayment of any principal under the Notes. The Trustee is not responsible for monitoring the Company s compliance with the Trust Deed nor the Company s business. Section 2.1 Section 4.1 Section 4.2 Section 1.2 Section 8 Section 7.4 6

9 Topic Summary Where to find more information What are the Options? ASX Quotation Important matters to be aware of The Company is offering free attaching Options for every 1 Note subscribed for and issued under the Entitlement Offer. The key terms of the Options are: the Options will be issued for no consideration to Eligible Shareholders who subscribe for and are issued with the Notes under the Entitlement Offer; each Option will have an exercise price of $0.03; and each Option may be exercised at any time before the date that is 9 months after the Issue Date (Expiry Date). An Option not exercised, automatically expires on the Expiry Date. Set out below in Section 1.3 is a detailed summary of the terms of the Options. A full copy of the Options Terms is set out in Section 9. Rights and liabilities attaching to the Options may also arise under the Corporations Act, the ASX Listing Rules and other applicable laws. The Company will apply to ASX within seven days after the date of this Prospectus for the Notes and Options issued under this Prospectus to be quoted on ASX. If ASX does not grant permission for the Notes and Options issued under this Prospectus to be quoted within three months after the date of this Prospectus, the provisions of Section 724(2) of the Corporations Act will apply. If the Notes and Options issued under this Prospectus are accepted for quotation on ASX, the Company expects to issue the Notes and Options on or about 20 December You should seek professional guidance from your financial or other professional adviser before deciding whether to invest. Section 1.3 Section 9 Section 2.9 Section Key Features of the Notes As this Section contains a summary only of the Note Terms, it is important that you read the information in the Prospectus (including the Note Terms) in full before you decide whether to apply for Notes. If you are unclear in relation to any aspect of the Entitlement Offer or the Note Terms, or if you are uncertain whether the Notes are a suitable investment for you, you should consult your professional adviser. Issue Price/Face Value Maturity Date Interest Rate Conversion Rights Conversion Basis $1.00 per Note. Unless earlier converted or redeemed, the Company will redeem all outstanding Notes at Face Value on the Maturity Date, being the third anniversary of the Issue Date. 6% per annum, payable half yearly in arrears (30 June and 31 December) until and including the Maturity Date (or the Conversion Date or Redemption Date). The Noteholder has the right to convert some or all of their Notes to Shares at any time prior to 10 business days before the Maturity Date on the basis set out below. The Noteholder has the right to convert some or all of its Notes into a number of Shares determined by application of the following formula: A where: B A = the Conversion Amount, being the aggregate Face Value of the Notes the subject of the relevant conversion notice; and B = the Conversion Price, being the lower of $0.03 or the VWAP during the 30 days before the date of the relevant conversion notice. Early Redemption by the Company The Company has the right to provide an early redemption notice to all outstanding Noteholders, at any time before the Maturity Date. The early redemption offer must be at a 20% premium to the Face Value and payable in cash. The redemption must not occur until at least 30 days after the date of the early redemption notice. If a Noteholder delivers a conversion notice no later than 5 Business Days prior to the proposed redemption date, the Noteholder may convert all or some of their Notes to Shares on the basis set out above, rather than have them redeemed. Early Redemption Change of Control Event Where a Change of Control Event occurs, the Company must provide a change of control notice to all outstanding Noteholders. The Noteholders will have 15 Business Days from the date of notice to elect to either convert their Notes to Shares on the basis set out above or to retain their Notes, otherwise the Notes will be redeemed early (at a 20% premium to the Face Value). 7

10 1. Investment Overview (continued) Topic Summary Where to find more information Guarantee and Security Pursuant to the Guarantee, each of the Australian Subsidiaries has agreed to guarantee to the Trustee the Company and each other Australian Subsidiary s obligations under the Trust Deed or the Guarantee (as applicable) in respect of the Notes. The Notes are secured by security granted to the Trustee by the Company and each of the Australian Subsidiaries under the terms of the General Security Deeds. The Trustee holds the rights under the General Security Deeds on trust for the benefit of the Noteholders in accordance with the terms of the General Security Deeds and the Trust Deed. A summary of the Guarantee and the General Security Deeds is set out in Section 7.4. Ranking Each Note ranks for payment in a Winding Up of the Company: behind the Company s Existing Senior Debt Obligations, any new debt of the Company not exceeding $3 million that is in the ordinary course of business and the terms of which are commercial, arm s length terms and do not contain any unusual or onerous terms (Permitted New Debt) and other creditors with priority at law; equally with each other Note; ahead of the Company s unsecured creditors; and ahead of the Company s ordinary shareholders. The Company s Existing Senior Debt Obligations comprise: the $4 million facility agreement between the Company and the Minister for Finance of the South Australian Government dated 28 June 2016; and the $9.18 million bond in favour of the Minister for Mineral Resources and Energy of the South Australian Government, issued by the Company for the purposes of the section 62 of the Mining Act 1971 (SA) pursuant to a deed poll dated 23 August Trustee Negative Covenants Australian Executor Trustees Limited has agreed to act as the trustee in relation to the Notes pursuant to the terms of the Trust Deed. For so long as any of the Notes remain outstanding, the Company must not and must procure that the Australian Subsidiaries do not, without the approval of Noteholders: sell significant assets or assets worth more than 10% of the gross assets of the Company and its Australian Subsidiaries; declare or pay a dividend to Shareholders; issue any further notes, shares or other securities (except the permitted issues to Roc-Drill and Emeco or Andy s as detailed in section 4.1(c) or an issue of Shares upon vesting of any Performance Rights granted by the Company as at 22 November 2016); other than in respect of the Notes, redeem, purchase, cancel, reduce, return capital on or otherwise acquire any share or other securities issued by the Company or its Australian Subsidiaries for repayment or return of capital in a winding-up; raise any further debt (except pursuant to (or to replace, refinance or extend the maturity of) the Existing Senior Debt Obligations or any Permitted New Debt); or other than in the ordinary course of business, create or permit to exist a security interest over its assets (except to secure any Existing Senior Debt Obligations, any replacement, refinancing or extension of the Existing Senior Debt Obligations, or any Permitted New Debt). Events of Default Voting If certain events of default occur (as set out in the Note Terms), the Trustee may require the Company to redeem the Notes immediately at their Face Value and may take enforcement action against the Company and/or the Australian Subsidiaries in accordance with the Trust Deed, the Guarantee and the General Security Deeds. Noteholders do not have a right to vote at meetings of Ordinary Shareholders. Noteholders may vote at meetings for Noteholders in accordance with the Trust Deed. Key Benefits Issued by the Company. Term of 3 years. Fixed interest rate of 6% per annum. Interest paid half-yearly in arrears (30 June and 31 December). Interest paid as 100% cash. Interest is not deferrable by the Company and interest payments are not discretionary. As the Notes are convertible into Shares, the Noteholders will have the opportunity to participate in any increase in the market price of the Shares above the initial conversion price. The Notes may be sold on ASX prior to maturity. The Notes provide investors with an opportunity to diversify their investment portfolio. 8

11 Topic Summary Where to find more information 1.3 Key Features of the Options As this Section contains a summary only of the Options Terms, it is important that you read the information in the Prospectus (including the Option Terms) in full before you decide whether to apply for Notes. If you are unclear in relation to any aspect of the Options Terms, or if you are uncertain whether the Options are a suitable investment for you, you should consult your professional adviser. Issue Price Exercise Price Option Period Expiry Date The Options are issued as part of the Entitlement Offer on the basis of Options for every 1 Note issued. No further consideration other than the payment of the Issue Price will be payable for the Options. $0.03 (subject to adjustment under the Option Terms in certain circumstances) Each Option may be exercised at any time before the date that is 9 months after the Issue Date (Expiry Date). An Option not exercised, automatically expires on the Expiry Date, which will be 9 months after the Issue Date. 1.4 Effect of the Entitlement Offer Effect on capital structure Effect on financial position Effect on control The Company currently has 188,109,342 Existing Shares and 9,410,500 Performance Rights on issue. Under the Entitlement Offer, the Company intends to issue 5,000,248 Notes and 188,109,329 Options. The effect of the Entitlement Offer on the capital structure of the Company is set out in a table in Section 4.2(c). To illustrate the effect of the Entitlement Offer on the Company, a pro-forma statement of financial position has been prepared based on the financial position as at 30 June 2016 and is included in Section 4.2(d). The significant effect of the Entitlement Offer (assuming the Entitlement Offer is fully subscribed) will be to increase cash reserves and non-current liabilities by approximately $5 million (before cash expenses of the Entitlement Offer which are estimated to be $622,000) assuming a $1.00 per Note subscription price. If some Eligible Shareholders do not take up all or any of their Entitlements, they will have their shareholdings diluted if any Notes are converted or Options exercised. Furthermore, Shareholders who do not reside in Australia and New Zealand will be diluted by the Entitlement Offer. In the event no other Eligible Shareholders take up their Entitlements, the Underwriter is required to take up the whole of the underwritten balance of the Entitlement Offer and the Underwriter subsequently converts the Notes into Shares and exercises the Options, the relevant interest in the Company of the Underwriter s parent company, Ariadne Australia Limited, would increase from 16.27% to 70.99%. Section 4.2(c) Section 4.2(d) Section Key Risks of the Notes and Options There are a number of risks associated with an investment in the Notes and Options. To understand these risks, you should read Section 5 of the Prospectus before deciding whether to invest. Key risks associated with Company s business Key risks associated with the Entitlement Offer The risks associated with the Company s business include the following: Ore reserves may be lower than currently expected; Mining methods may be unable to deliver on required production forecasts and recovery and dilution parameters; A significant operational failure may result in an unplanned or extended shut down of operations and the incurring of unbudgeted capital expenditure; Pit wall failure may lead to damage to equipment and/or injuries and/or loss of production; Extended poor weather conditions can limit access to the pit and reduce or delay planned production; Strategies for environmental protection and monitoring and pollution controls may be inappropriate; A sustained drop in copper and other metals prices or unfavourable movements in foreign exchange rates can reduce revenues as copper is sold in US Dollars; and A serious and sustained breach of conditions of the mineral leases relating to the Kanmantoo Copper Mine. The Proposed Emeco Transaction does not proceed. The key risks associated with the Entitlement Offer include the following: If you are an Eligible Shareholder and you allow your Entitlement to lapse, then you will not realise any value for your Entitlement. You should also note that if you do not take up your Entitlement and other Eligible Shareholders take up their Entitlements, your percentage shareholding in the Company may be diluted. Where there is a Shortfall following the Closing Date, there may be a change to the balance of control of the Company as a result of the Underwriting Agreement. If the Underwriter is issued with 5,000,248 Notes and 188,109,329 Options, the Underwriter may be able to obtain control of the Company without paying a takeover premium. If the Underwriting Agreement is terminated, this would have an adverse impact on the proceeds raised under the Entitlement Offer and the Company s sources of funding for its intended purpose. Section 6.3 Section 6.4 9

12 1. Investment Overview (continued) Topic Summary Where to find more information Key risks associated with Notes Key risks associated with Options General risks The key risks associated with the Notes include the following: the market price of Notes may fluctuate due to various factors that affect financial market conditions or factors relating to the Company. There may be volatility in the market price of Notes and this may result in a market price below the Issue Price of $1.00 per Note. If you sell your Notes, you may not be able to do so at an acceptable price or at all (if insufficient liquidity exists in the market for Notes); the Notes rank behind the Company s Existing Senior Debt Obligations and any other creditors preferred by law on a winding-up of the Company. Therefore, notwithstanding the fact that the Notes are secured under the terms of the General Security Deeds, if there is a shortfall of funds on a winding-up, there is a risk that you will not receive a full (or any) repayment of your money invested in the Notes or payment of unpaid interest; as a Noteholder, the Note Terms provide you with specific exit rights prior to the Maturity Date. In addition, Notes can be realised before maturity by a sale on market or by private sale. As already noted, there is a risk that the sale price on market or by private sale may be less than the Issue Price; if early Redemption of the Notes occurs, you may not receive the expected returns on your investment (compared to holding the Notes to maturity), although a 20% premium to Face Value is payable where the Company gives an early redemption notice or a change of control notice; the Company may be unable to pay Interest or repay all or any of the money owed on the Notes on time or at all (however, under the Note Terms, default in payment is an Event of Default); and the Trustee has no obligation to monitor the Company s financial position, including the capacity of the Company to fulfil its obligations in relation to the Notes. The key risks associated with the Options include the following: if you are an Optionholder and you do not exercise all of your Options before the Expiry Date, any Options not exercised will expire on the Expiry Date; and the market price of Options may fluctuate due to various factors that affect financial market conditions or factors relating to the Company. There may be volatility in the market price of Options. If you sell your Options, you may not be able to do so at an acceptable price or at all (if insufficient liquidity exists in the market for Options). The above risks are not an exhaustive list of the potential risks faced by Noteholders. There are a number of general commercial risk factors and general market risks that could adversely affect the Company s financial performance, position or prospects. You should carefully consider all the risk factors set out in Section 4-6 before deciding to invest in Notes and Options. Section 6.5 Section 6.6 Section Details of the Entitlement Offer When is the Entitlement Offer Period? Is the Entitlement Offer underwritten? The key dates, including details of the Entitlement Offer Period, are set out in the Key Dates section. Yes. The Underwriter has agreed to fully underwrite the Entitlement Offer. Therefore, up to 5,000,248 Notes (and 188,109,329 Options) may be issued to the Underwriter or its nominee. Key Dates Section 2.5 How will the expenses of the Rights issue be paid? All of the expenses have been, or will be, borne by the Company. Section 7.9 What is the structure of the Entitlement Offer? The Entitlement Offer is a pro rata non-renounceable entitlement offer made to Eligible Shareholders. Eligible Shareholders are entitled to subscribe for 1 Note for every Shares held as at the Record Date (together with free attaching options for every 1 Note subscribed for and issued). Eligible Shareholders can also apply for Additional Notes and Options if there are Notes and Options available because some Eligible Shareholders do not take up all of their Entitlements under the Entitlement Offer. Entitlements which are not taken up by the Closing Date will be taken up by the Underwriter. Section 2.1 Who is entitled to participate? How can I apply? A registered holder of Shares shown on the Company s share register at 5.00pm Adelaide time on the Record Date with a registered address in Australia or New Zealand. Applications can be made by Eligible Shareholders by completing the Entitlement and Acceptance Form accompanying this Prospectus and sending it together with the relevant Application Moneys to the Company s Share Registry, Boardroom Pty Limited. For information on how to apply, see Section 5 and the Entitlement and Acceptance Form. Section 2.2 Section 3 When to apply? Your Entitlement and Acceptance Form must be received by the Closing Date. Section 3. Key Dates 10

13 Topic Summary Where to find more information What is my Entitlement? Can I sell or transfer my Entitlements? The number of Entitlements that you have is set out on your Entitlement and Acceptance Form accompanying this Prospectus. If you did not receive your personalised Entitlement and Acceptance Form, you should call the Company on (08) between 8.30am and 5.30pm (Adelaide time), Monday to Friday. No. If you do not wish to take up your Entitlement, you will not be able to trade your Entitlement to another party and the right to take up your Entitlement will lapse on the Closing Date and your shareholding in the Company will be diluted. Section 3 Section 2.3 Can I apply for Notes in excess of my Entitlement? Yes, pursuant to the Top Up Facility. Section 2.4 How do I apply for Additional Notes and Options? What are my choices? What if I do nothing? Is brokerage, commission or stamp duty payable? What are the tax implications of investing in Notes and Options? When will the Notes and Options be issued? When will the Notes and Options begin trading? When will the Holding Statements be despatched? Eligible Shareholders can apply for Additional Notes and Options by completing Section B on the Entitlement and Acceptance Form accompanying this Prospectus. If more Additional Notes and Options are applied for than are available from the Shortfall under the Entitlement Offer, the Company, after consultation with the Underwriter, will scale back those Applications in its absolute discretion and excess Application Monies will be refunded without interest. You may either: take up all your Entitlements; take up all your Entitlements and apply for Additional Notes and Options; take up only a portion of your Entitlements, in which case the balance of your Entitlements will lapse; or do nothing, in which case your Entitlements will lapse. If you do not take up your Entitlements, your Entitlements will lapse. The Notes (and Options) representing your Entitlements may be sold to Eligible Shareholders who apply for Additional Notes and Options or to the Underwriter. Existing Shareholders interests will be diluted on conversion of the Notes to Shares and exercise of the Options if they do not take up their Entitlements under the Entitlement Offer. No brokerage or stamp duty is payable on your Application. You may have to pay brokerage on any subsequent trading of your Notes and Options on ASX after the Notes have been quoted on ASX. Section 5 of this Prospectus contains a summary of the tax consequences for potential Noteholders and is based on Australian tax law and administrative practice as at the date of this Prospectus. This summary is necessarily general in nature and is not intended to be definitive tax advice to Noteholders. Accordingly, each prospective Noteholder should seek their own tax advice, which is specific to their particular circumstances, as to the tax consequences of investing in, holding and disposing of the Notes. The Company expects that the Notes and Options will be issued on 20 December The Company expects that the Notes and Options will be begin trading on ASX on 14 December 2016 on a deferred basis and on 21 December 2016 on a normal settlement basis. The Company expects that the Holding Statements will be despatched on 20 December Section 2.4 Section 3.3 Section 3 Section 3 Section 3 Section 5 Key Dates Key Dates Key Dates 1.7 What you need to do Action Required See Section 3 for detailed instructions on what you need to do. Section More information If, after you read this Prospectus, you have any questions regarding the Entitlement Offer, the Notes or the Options, please contact your financial adviser or other professional adviser. You can also call the Company on (08) between 8.30am and 5.30pm (Adelaide time), Monday to Friday. 11

14 2. Details of the Entitlement Offer 2.1 Entitlement Offer details The Company is offering for subscription approximately 5 million Notes at an issue price of $1.00 per Note by way of a nonrenounceable Entitlement Offer to raise approximately $5 million. Eligible Shareholders are being offered Notes on the basis of 1 Note for every Shares held, together with free attaching Options for every 1 Note subscribed for and issued. The number of Notes and Options to which you are entitled is shown on the accompanying Entitlement and Acceptance Form. Fractional entitlements will be rounded up to the nearest whole Note or Option. Where the Company considers that holdings have been split in order to take advantage of this rounding, the Company reserves the right to aggregate holdings held by associated Eligible Shareholders for the purpose of calculating Entitlements. Entitlement and Acceptance Forms must be returned with payment for the Notes (calculated on the basis of the Entitlement Offer Price) to the Share Registry before 5.00pm (Adelaide time) on the Closing Date. 2.2 Who is entitled to participate in the Entitlement Offer Every shareholder registered as the holder of fully paid ordinary shares in the Company at 5.00pm Adelaide time on 28 November 2016, whose registered address is in Australia or New Zealand, is entitled to participate in the Entitlement Offer. 2.3 No trading of Entitlements The Entitlements are non-renounceable. This means that Eligible Shareholders cannot sell their Entitlement if they do not wish to take up some or all of the Notes and Options to which they are entitled. 2.4 Top Up Facility Eligible Shareholders may apply for Additional Notes and Options in addition to their Entitlement under the Top Up Facility. The price paid by Eligible Shareholders for each Additional Note will be $1.00. The Top Up Facility will operate if Eligible Shareholders do not apply to take up their Entitlement resulting in a shortfall between Applications received from Eligible Shareholders for their Entitlement and the number of Notes and Options proposed to be issued under the Entitlement Offer (Shortfall). If the number of Additional Notes and Options applied for is less than that available from the Shortfall, all Eligible Shareholders will be allocated the number of Additional Notes and Options the Company determines in its absolute discretion, in consultation with the Underwriter. If more Additional Notes and Options are applied for than are available from the Shortfall under the Entitlement Offer, the Company, after consultation with the Underwriter, will scale back those Applications in its absolute discretion and excess Application Monies will be refunded without interest. If there remains a Shortfall after the allocation of Additional Notes and Options under the Top Up Facility, the Underwriter will take up the shortfall in accordance with the Underwriting Agreement. 2.5 Underwriting The Entitlement Offer is fully underwritten by the Underwriter to the Entitlement Offer, Ariadne Capital Pty Ltd. Further details of the Underwriting Agreement, including the circumstances in which the Underwriter may terminate its obligations, are set out in Section Control In the event no other Shareholders take up their Entitlements, the Underwriter is required to take up the whole of the underwritten balance of the Entitlement Offer and if the Underwriter subsequently converts the Notes into Shares and exercises the Options, the relevant interest in the Company of the Underwriter s parent company, Ariadne Australia Limited, would increase from 16.27% to 70.99%. This means that the Underwriter could obtain control of the Company without paying a takeover premium. Further details of the effect of the Entitlement Offer on the Company s capital structure are set out in Section Commitment from Directors The Directors (or their associated entities) intend to take up their Entitlements as follows: Director Entitlement to Notes offered under this Prospectus Entitlement to Options offered under this Prospectus Intention to take up all or part of Entitlement The Hon Dean Brown 9, ,678 Yes Mr Steven McClare 22, ,273 Yes Mr John Gooding ,490 Yes Mr Maurice Loomes 27,925 1,050,569 Yes Mr Philip Baker 2, ,000 Yes 2.8 Allotment of Notes and Options The Company expects that the Notes and Options will be issued on 20 December The Company expects that the Holding Statements will be despatched on 20 December ASX Quotation No later than 7 days after the date of this Prospectus, the Company will apply to ASX for the Notes to be quoted on ASX. The Company is not currently seeking quotation of its Notes on any financial market other than ASX. Trading in Notes is expected to commence on ASX, on a normal settlement basis, on or about 21 December

Contango MicroCap Limited

Contango MicroCap Limited Contango MicroCap Limited NTA T N ANG MICR OCA MICRO M GO C AP~ P NTA T CON N ANG MICR OCA MICRO M GO C AP~ CONTANGO MICROCAP~CTN CELEBRATING 10 YEARS CE ELE L EBR B RA TIN I NG P CTN CTN EA YE 10 T RS

More information

AMP Subordinated Notes 2

AMP Subordinated Notes 2 Prospectus for the issue of subordinated notes Issuer AMP Limited (ABN 49 079 354 519) Structuring adviser Joint lead managers Co-managers Important notices About this prospectus This prospectus relates

More information

For personal use only

For personal use only 29 June 2012 Funtastic Limited Capital Raising I attach a complete copy of the retail offer booklet and entitlement and acceptance form in respect of the company s Retail Entitlement Offer. These documents

More information

Challenger Capital Notes 2

Challenger Capital Notes 2 Challenger Capital Notes 2 Prospectus for the issue of capital notes to raise $430 million with the ability to raise more or less Challenger Capital Notes 2 are complex and involve more risks than simple

More information

For personal use only

For personal use only ASF GROUP LIMITED ACN 008 924 570 Non-Renounceable Rights Issue - Offer Document For a non-renounceable pro-rata offer to Eligible Shareholders of up to 55,880,000 New Shares at an issue price of $0.18

More information

For personal use only

For personal use only Mercantile Investment Company Limited ABN 15 121 415 576 Level 11, 139 Macquarie Street Sydney NSW 2000 Tel 02 8014 1188 Fax 02 8084 9918 3 June 2016 ASX Limited Company Announcements Office Exchange Centre

More information

For personal use only

For personal use only Blue Sky Alternative Investments Limited ACN 136 866 236 Retail Entitlement Offer Information Booklet Details of a 1 for 10 pro rata accelerated non-renounceable entitlement offer at $6.50 per Share to

More information

For personal use only

For personal use only MACQUARIE CONVERTIBLE PREFERENCE SECURITIES PRODUCT DISCLOSURE STATEMENT Macquarie Convertible Preference Securities offer to raise up to $600 million. Issuer Macquarie Capital Loans Management Limited

More information

WESTPAC SUBORDINATED NOTES II

WESTPAC SUBORDINATED NOTES II WESTPAC SUBORDINATED NOTES II PROSPECTUS issuer Westpac Banking Corporation abn 33 007 457 141 Date of this PROSPECTUS 18 July 2013 ARRANGERS Westpac Institutional Bank UBS JOINT LEAD MANaGERS AND joint

More information

PROSPECTUS. Joint Lead Managers and Underwriters. Bendigo and Adelaide Bank Limited ABN AFSL

PROSPECTUS. Joint Lead Managers and Underwriters. Bendigo and Adelaide Bank Limited ABN AFSL PROSPECTUS Bendigo and Adelaide Bank Limited for the 1 for 12 Non-Renounceable Entitlement Offer of New Shares and Placement Offer of Placement Shares at an Offer Price of $6.75 Joint Lead Managers and

More information

Bendigo Preference Shares Prospectus

Bendigo Preference Shares Prospectus Bendigo Preference Shares Prospectus An offer of $100 million of Bendigo Preference Shares Bendigo Bank may accept oversubscriptions for up to an additional $25 million Lead Manager important information

More information

Retail Entitlement Offer

Retail Entitlement Offer Retail Entitlement Offer Details of a fully underwritten 1 for 3.52 non-renounceable pro rata retail entitlement offer of ordinary shares in CSG Limited at an offer price of A$0.185 per new share Last

More information

Westpac Capital Notes 5

Westpac Capital Notes 5 Capital Notes 5 Prospectus and CPS Reinvestment Offer Information Issuer Banking Corporation ABN 33 007 457 141 Date of this Prospectus 5 February 2018 Arranger Institutional Bank Joint Lead Managers Institutional

More information

For personal use only

For personal use only Entek Energy Limited ABN 43 108 403 425 Entitlement Offer One (1)-for-Four (4) Non-renounceable Entitlement Offer of Entek Energy Limited ordinary shares Entitlement Offer closes at 5.00pm (Perth Time)

More information

Westpac Capital Notes 4 PROSPECTUS AND WESTPAC TPS REINVESTMENT OFFER INFORMATION

Westpac Capital Notes 4 PROSPECTUS AND WESTPAC TPS REINVESTMENT OFFER INFORMATION Westpac Capital Notes 4 PROSPECTUS AND WESTPAC TPS REINVESTMENT OFFER INFORMATION ISSUER Westpac Banking Corporation ABN 33 007 457 141 DATE OF THIS PROSPECTUS 17 May 2016 ARRANGER Westpac Institutional

More information

AJ Lucas Group Limited Retail Entitlement Offer

AJ Lucas Group Limited Retail Entitlement Offer AJ Lucas Group Limited Retail Entitlement Offer AJ Lucas Group Limited ACN 060 309 104 3 for 8 pro rata accelerated non-renounceable entitlement offer of AJ Lucas Group Limited ordinary shares at an Offer

More information

PROPOSED ISSUE OF RESET EXCHANGEABLE SECURITIES BY A WHOLLY-OWNED SUBSIDIARY, IAG FINANCE (NEW ZEALAND) LIMITED

PROPOSED ISSUE OF RESET EXCHANGEABLE SECURITIES BY A WHOLLY-OWNED SUBSIDIARY, IAG FINANCE (NEW ZEALAND) LIMITED Insurance Australia Group Limited ABN 60 090 739 923 388 George Street Sydney NSW 2000 Telephone 02 9292 9222 iag.com.au 22 November 2004 Manager, Company Announcements Office Australian Stock Exchange

More information

Chalmers Limited Information Memorandum

Chalmers Limited Information Memorandum 21 March 2011 Chalmers Limited in respect of a renounceable pro-rata offer of New Shares at an issue price of $2.25 each on the basis of 1 New Share for every 3 Existing Shares held on the Record Date.

More information

Westpac Capital Notes 3

Westpac Capital Notes 3 Westpac Capital Notes 3 PROSPECTUS ISSUER Westpac Banking Corporation ABN 33 007 457 141 DATE OF THIS PROSPECTUS 27 July 2015 ARRANGER Westpac Institutional Bank JOINT LEAD MANAGERS Westpac Institutional

More information

US Masters Residential Property Fund ASX Code: URF. URF lodges Supplementary Prospectus

US Masters Residential Property Fund ASX Code: URF. URF lodges Supplementary Prospectus 14 February 2017 US Masters Residential Property Fund ASX Code: URF URF lodges Supplementary Prospectus Walsh & Company Investments Limited as responsible entity for the US Masters Residential Property

More information

For personal use only

For personal use only 7 May 2015 The Manager Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Manager, Centuria Metropolitan REIT (ASX: CMA) - Despatch of Retail Offer Booklet Centuria

More information

ACN OFFER DOCUMENT

ACN OFFER DOCUMENT ACN 116 151 636 OFFER DOCUMENT For a renounceable pro-rata entitlement offer of New Shares at an issue price of $0.05 each, on the basis of two (2) New Shares for every one (1) Share held on the Record

More information

For personal use only

For personal use only For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 21 March 2011 From Helen Hardy Pages 101 Subject RETAIL ENTITLEMENT OFFER Please find attached the

More information

Goodman PLUS. Product Disclosure Statement

Goodman PLUS. Product Disclosure Statement Goodman PLUS Product Disclosure Statement For the issue of Goodman PLUS (Perpetual Listed Unsecured Securities) in the Goodman PLUS Trust, at an issue price of $100 each to raise $325 million, with an

More information

For personal use only

For personal use only QUBE HOLDINGS LIMITED ACN 149 723 053 Retail Entitlement Offer 1 for 4.4 accelerated non-renounceable pro rata entitlement offer of Qube ordinary shares at A$2.05 per New Share The Entitlement Offer is

More information

Suncorp Group Limited Capital Notes 2 Prospectus

Suncorp Group Limited Capital Notes 2 Prospectus Suncorp Group Limited Capital Notes 2 Prospectus Prospectus for the issue of Capital Notes 2 to raise $300 million with the ability to raise more or less Issuer Suncorp Group Limited Arranger UBS Joint

More information

Suncorp Group Limited Capital Notes Prospectus. Prospectus for the issue of Capital Notes to raise $300 million with the ability to raise more or less

Suncorp Group Limited Capital Notes Prospectus. Prospectus for the issue of Capital Notes to raise $300 million with the ability to raise more or less Suncorp Group Limited Capital Notes Prospectus Prospectus for the issue of Capital Notes to raise $300 million with the ability to raise more or less Issuer Suncorp Group Limited Arranger UBS Joint Lead

More information

ANZ CAPITAL NOTES 2 PROSPECTUS

ANZ CAPITAL NOTES 2 PROSPECTUS ANZ CAPITAL NOTES 2 PROSPECTUS PROSPECTUS FOR THE ISSUE OF ANZ CAPITAL NOTES 2 TO RAISE $1 BILLION WITH THE ABILITY TO RAISE MORE OR LESS. ISSUER AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED (ABN 11

More information

Rights trading commences on the ASX Tuesday 30 October Rights trading commences on the NZX Main Board Thursday 1 November 2012

Rights trading commences on the ASX Tuesday 30 October Rights trading commences on the NZX Main Board Thursday 1 November 2012 24 October 2012 REGISTERED (HEAD) OFFICE New Talisman Gold Mines Limited Incorporated in New Zealand 541 Parnell Road, Parnell, Auckland, New Zealand Phone: (+64 9) 303-183 Fax: (+64 9) 303-1612 Email:

More information

For personal use only

For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 7 October 2015 From Helen Hardy Pages 77 Subject Retail Entitlement Offer Booklet Please find attached the Retail Entitlement

More information

Entitlement offer booklet

Entitlement offer booklet Entitlement offer booklet Global Masters Fund Limited ABN 84 109 047 618 (ASX: GFL) One for 4 renounceable rights issue of up to 2,144,649 new fully paid ordinary shares at $2.00 per share This document

More information

For personal use only

For personal use only For personal use only Convertible Preference Shares 2 Prospectus and SPS Reinvestment Offer Information Prospectus for the issue of Convertible Preference Shares 2 to raise $200 million with the ability

More information

AMP capital notes. Issuer. Joint lead managers. AMP Limited ABN

AMP capital notes. Issuer. Joint lead managers. AMP Limited ABN AMP capital notes Issuer AMP Limited ABN 49 079 354 519 Arranger Joint lead managers Important notices About this prospectus This prospectus relates to the offer by AMP Limited (ABN 49 079 354 519) (AMP)

More information

For personal use only

For personal use only ASX Announcement 5 September 2016 METCASH LIMITED SHARE PURCHASE PLAN As announced on Wednesday, 24 August 2016, Metcash Limited (Metcash) is pleased to offer Eligible Shareholders 1 the opportunity to

More information

PaperlinX Step-up Preference Securities

PaperlinX Step-up Preference Securities PaperlinX Step-up Preference Securities Product Disclosure Statement PaperlinX Step-up Preference Securities Issuer: Permanent Investment Management Limited (ABN 45 003 278 831, AFSL 235150) as responsible

More information

Perpetual Equity Preference Share Offer. Bank of Queensland

Perpetual Equity Preference Share Offer. Bank of Queensland Perpetual Equity Preference Share Offer Prospectus for the issue of Perpetual Equity Preference Shares ( BOQ PEPS ) to raise $150 million with the ability to accept up to $50 million in oversubscriptions

More information

ASX ANNOUNCEMENT paragoncare.com.au

ASX ANNOUNCEMENT paragoncare.com.au ASX ANNOUNCEMENT paragoncare.com.au 12 February 2018 RETAIL ENTITLEMENT OFFER BOOKLET The Retail Entitlement Offer Booklet (the Booklet) with detail of the 1 for 2.8 fully underwritten accelerated non-renounceable

More information

PERLS V PROSPECTUS. Perpetual Exchangeable Resaleable Listed Securities. Joint Structuring Advisers: CommSec Macquarie

PERLS V PROSPECTUS. Perpetual Exchangeable Resaleable Listed Securities. Joint Structuring Advisers: CommSec Macquarie PROSPECTUS PERLS V Perpetual Exchangeable Resaleable Listed Securities Joint Structuring Advisers: CommSec Macquarie Joint Lead Managers and Joint Bookrunners: ANZ Securities Citi CommSec Credit Suisse

More information

ANZ Capital Notes 5 and CPS3 Buy-Back Facility

ANZ Capital Notes 5 and CPS3 Buy-Back Facility News Release For release: 16 August 2017 ANZ Capital Notes 5 and CPS3 Buy-Back Facility ANZ today announced that it intends to offer a new Additional Tier 1 capital security, ANZ Capital Notes 5, to raise

More information

PROSPECTUS. AXIOM MINING LIMITED (ARBN ) (Company)

PROSPECTUS. AXIOM MINING LIMITED (ARBN ) (Company) PROSPECTUS AXIOM MINING LIMITED (ARBN 119 698 770) (Company) RIGHTS ISSUE AND LOYALTY BONUS OFFER For a non-renounceable pro-rata entitlement offer of one (1) New Axiom Share for every ten (10) Axiom Shares

More information

Macquarie Bank Capital Notes

Macquarie Bank Capital Notes Macquarie Bank Capital Notes Prospectus for the issue of Macquarie Bank Capital Notes (BCN) to raise $420m with the ability to raise more or less Issuer Macquarie Bank Limited (ACN 008 583 542) Arranger

More information

RETAIL ENTITLEMENT INFORMATION BOOKLET

RETAIL ENTITLEMENT INFORMATION BOOKLET RETAIL ENTITLEMENT INFORMATION BOOKLET RURALCO HOLDINGS LIMITED ABN 40 009 660 879 Ruralco Holdings Limited ABN 40 009 660 879 1 for 6 accelerated pro rata non-renounceable entitlement offer of Ruralco

More information

For personal use only

For personal use only EVE INVESTMENTS LIMITED ACN 106 523 611 OFFER DOCUMENT RIGHTS ISSUE Non-renounceable pro-rata entitlement to 1 New Share for every 10 Shares held at an issue price of 1.3 cents per New Share to raise up

More information

For personal use only

For personal use only ` ACN 614 508 039 Suite 305, Level 3, 35 Lime Street Sydney, NSW 2000 Australia SHARE PURCHASE PLAN 14 December 2017 This is an important document. The Offer does not take into account the individual investment

More information

For personal use only. Martin Place Securities Corporate Advisor and Lead Manager to the Issue

For personal use only. Martin Place Securities Corporate Advisor and Lead Manager to the Issue Kimberley Metals Limited ACN 129 954 365 Prospectus For a non-renounceable rights issue of 1 Convertible Note, earning 10% interest p.a., for every 6 Shares at an issue price of 38 cents per Convertible

More information

ANZ CAPITAL NOTES 5 PROSPECTUS

ANZ CAPITAL NOTES 5 PROSPECTUS ANZ CAPITAL NOTES 5 PROSPECTUS PROSPECTUS FOR THE ISSUE OF ANZ CAPITAL NOTES 5 TO RAISE UP TO $1 BILLION JOINT LEAD MANAGERS ANZ SECURITIES J.P. MORGAN MORGAN STANLEY MORGANS UBS WESTPAC INSTITUTIONAL

More information

convertible preference shares

convertible preference shares Prospectus CPS2 convertible preference shares prospectus for the issue of convertible preference shares to raise $1.7 Billion with the ability to raise more or less JOINT LEAD MANAGERS ANZ Securities Commsec

More information

BOQ Capital Notes Prospectus

BOQ Capital Notes Prospectus BOQ Capital Notes Prospectus Prospectus for the issue of Bank of Queensland Limited Capital Notes to raise $325 million with the ability to raise more or less Issuer Bank of Queensland Limited ABN 32 009

More information

convertible preference shares

convertible preference shares Prospectus CPS2 CPS3 convertible preference shares prospectus for the issue of convertible prospectus preference shares for the to issue raise of $1.25 convertible Billion preference with the shares ability

More information

ANZ launches Convertible Preference Share Offer

ANZ launches Convertible Preference Share Offer Media Release For Release: 10 November 2009 ANZ launches Convertible Preference Share Offer ANZ has lodged a Prospectus with the Australian Securities and Investments Commission for an offer of convertible

More information

NON-RENOUNCEABLE RIGHTS ISSUE

NON-RENOUNCEABLE RIGHTS ISSUE NON-RENOUNCEABLE RIGHTS ISSUE 14 August 2014. Santana Minerals Limited (Santana) is pleased to announce a non-renounceable rights issue (Rights Issue) on the basis of 1 New Share for every 2 Existing Shares

More information

COMMBANK PERLS IX CAPITAL NOTES

COMMBANK PERLS IX CAPITAL NOTES Prospectus COMMBANK PERLS IX CAPITAL NOTES Issuer Commonwealth Bank of Australia ABN 48 123 123 124 Arrangers Commonwealth Bank of Australia Morgan Stanley Australia Securities Limited Date of Prospectus:

More information

APA GROUP RETAIL ENTITLEMENT OFFER

APA GROUP RETAIL ENTITLEMENT OFFER APA GROUP RETAIL ENTITLEMENT OFFER RETAIL ENTITLEMENT OFFER CLOSES AT 5.00PM (SYDNEY TIME) ON 15 JANUARY 2015 OR YOU MAY ACCEPT EARLY, BY 5.00PM (SYDNEY TIME) ON 19 DECEMBER 2014 (this will enable you

More information

For personal use only

For personal use only icar Asia Limited ACN 157 710 846 Rights Issue Offer Prospectus For a non-renounceable rights issue of one New Share for every 5.8 Shares held by Eligible Shareholders at an issue price of $0.18 per New

More information

1414 DEGREES LIMITED ACN SECOND SUPPLEMENTARY PROSPECTUS

1414 DEGREES LIMITED ACN SECOND SUPPLEMENTARY PROSPECTUS 1 IMPORTANT INFORMATION 1414 DEGREES LIMITED ACN 138 803 620 SECOND SUPPLEMENTARY PROSPECTUS This is a second Supplementary Prospectus (Second Supplementary Prospectus) intended to be read with the replacement

More information

For personal use only

For personal use only SKYDIVE THE BEACH GROUP LIMITED ACN 167 320 470 ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER RETAIL OFFER BOOKLET Wednesday 5 October 2016 SKYDIVE THE BEACH GROUP LIMITED ACN 167 320 470 Retail Offer

More information

Prospectus. Simple steps to invest in a new security called ANZ StEPS

Prospectus. Simple steps to invest in a new security called ANZ StEPS Prospectus Simple steps to invest in a new security called ANZ StEPS Co-managers ABN AMRO Morgans Limited ANZ Securities Limited Bell Potter Securities Limited Citigroup Global Markets Australia Pty Limited

More information

NSS. Forsyth Barr Limited. ABN AMRO Craigs Limited. First NZ Capital Securities Limited. ASB Securities Limited. Issuer Nufarm Finance (NZ) Limited

NSS. Forsyth Barr Limited. ABN AMRO Craigs Limited. First NZ Capital Securities Limited. ASB Securities Limited. Issuer Nufarm Finance (NZ) Limited Issuer Nufarm Finance (NZ) Limited Corporate Parent Nufarm Limited (ABN 37 091 323 312) This document is an Investment Statement for the purposes of the Securities Act 1978 and Securities Regulations 1983.

More information

IOOF launches Share Purchase Plan

IOOF launches Share Purchase Plan IOOF Holdings Ltd ABN 49 100 103 722 Level 6, 161 Collins Street Melbourne VIC 3000 GPO Box 264 Melbourne VIC 3001 Phone 13 13 69 www.ioof.com.au 25 October 2017 IOOF launches Share Purchase Plan IOOF

More information

Prospectus NAB Capital Notes

Prospectus NAB Capital Notes Prospectus NAB Capital Notes Prospectus for the issue of NAB Capital Notes to raise $1.25 billion with the ability to raise more or less. This investment is riskier than a bank deposit. The securities

More information

Not for release to US wire services or distribution in the United States

Not for release to US wire services or distribution in the United States ABN 30 618 280 649 www.afterpaytouch.com Level 5, 406 Collins Street Melbourne, VIC 3000 Australia AFTERPAY TOUCH GROUP LIMITED (ASX:APT) ASX announcement Not for release to US wire services or distribution

More information

Westpac Stapled Preferred Securities II

Westpac Stapled Preferred Securities II Westpac Stapled Preferred Securities II PROSPECTUS ISSUER Westpac Banking Corporation ABN 33 007 457 141 Date of this Prospectus 2 March 2009 ARRANGER: Macquarie JOINT LEAD MANAGERS AND JOINT BOOKRUNNERS:

More information

Sonic Healthcare opens Share Purchase Plan

Sonic Healthcare opens Share Purchase Plan 18 December 2018 Sonic Healthcare opens Share Purchase Plan Sonic Healthcare Limited ( Sonic ) is pleased to offer Eligible Shareholders 1 an opportunity to acquire additional Sonic shares under a Share

More information

For personal use only

For personal use only ARUNTA RESOURCES LIMITED [ABN 73 089 224 402] PROSPECTUS A renounceable pro-rata Rights Issue of 1.5 new Shares for every 1 Share held on the Record Date at an issue price of 0.1 cents ($0.001) each together

More information

RETAIL OFFER BOOKLET INVESTORS. Mike Lynn W: M: E:

RETAIL OFFER BOOKLET INVESTORS. Mike Lynn W: M: E: ASX Announcement Monday, 14 December 2009 RETAIL OFFER BOOKLET Please find attached a copy of the Retail Offer Booklet that will be despatched to Eligible Retail Shareholders on Monday 21 December 2009.

More information

Together the Entitlement Offer and the Placement Options Offer are referred to as the Offers.

Together the Entitlement Offer and the Placement Options Offer are referred to as the Offers. ANSON RESOURCES LIMITED ACN 136 636 005 ENTITLEMENT ISSUE PROSPECTUS For a non-renounceable entitlement issue of one (1) Share for every five (5) Shares held by those Shareholders registered at the Record

More information

First Growth Funds Limited ACN (Company) Prospectus

First Growth Funds Limited ACN (Company) Prospectus First Growth Funds Limited ACN 006 648 835 (Company) Prospectus For a bonus issue of one (1) Option exercisable at $0.02 each, expiring on 20 February 2018 (SPP Option) for every three (3) Shares offered

More information

For personal use only

For personal use only ASF GROUP LIMITED ACN 008 924 570 Non-Renounceable Rights Issue - Offer Document For a non-renounceable pro-rata offer to Eligible Shareholders of up to 53,240,201 New Shares at an issue price of $0.18

More information

For personal use only

For personal use only Tabcorp Holdings Limited ABN 66 063 780 709 All Registry communications to: C/ Link Market Services Limited Locked Bag A14 Sydney South, NSW 1235, Australia Telephone: (+61) 1300 665 661 Email: tabcorp@linkmarketservices.com.au

More information

Share Purchase Plan Offer Booklet

Share Purchase Plan Offer Booklet Sheffield Resources Limited ACN 125 811 083 Share Purchase Plan Offer Booklet You Should Read This Booklet In Full This Booklet contains important information. You should read this Booklet in full and

More information

The SPP provides Eligible Shareholders with the opportunity to purchase New Shares at an issue price which is the lesser of:

The SPP provides Eligible Shareholders with the opportunity to purchase New Shares at an issue price which is the lesser of: 11 December 2017 The Manager Market Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam Major terms of Share Purchase Plan (SPP) I refer to our letter

More information

This is an important document and requires your immediate attention.

This is an important document and requires your immediate attention. BEGA CHEESE LIMITED ACN 008 358 503 SHARE PURCHASE PLAN OFFER BOOKLET This is an important document and requires your immediate attention. Each Eligible Shareholder has the opportunity to participate in

More information

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES BANK OF QUEENSLAND LIMITED ABN

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES BANK OF QUEENSLAND LIMITED ABN Retail Entitlement Offer Details of a 3 for 26 renounceable pro rata Entitlement Offer of Bank of Queensland ordinary shares ( New Shares ) at an offer price of $10.75 per New Share. Retail Entitlement

More information

For personal use only

For personal use only asx release 27 November 2015 RETAIL ENTITLEMENT OFFER RETAIL INFORMATION BOOKLET Attached is a copy of the Retail Information Booklet in connection with the retail component of Transurban s pro rata renounceable

More information

Entitlement Offer and General Offer

Entitlement Offer and General Offer BKI INVESTMENT COMPANY LIMITED ABN: 23 106 719 868 ASX Announcement ASX AND MEDIA RELEASE ENTITLEMENT OFFER AND GENERAL OFFER 9 May 2018 Entitlement Offer and General Offer BKI Investment Company Limited

More information

For personal use only

For personal use only ASX ANNOUNCEMENT Bega launches Share Purchase Plan Offer Bega Cheese Limited (Bega Cheese) is pleased to offer eligible shareholders an opportunity to acquire additional Bega Cheese shares under a Share

More information

PERLS VI. Perpetual Exchangeable Resaleable Listed Securities. Prospectus and PERLS IV Reinvestment Offer Information

PERLS VI. Perpetual Exchangeable Resaleable Listed Securities. Prospectus and PERLS IV Reinvestment Offer Information Issuer Commonwealth Bank of Australia ABN 48 123 123 124 Date of Prospectus 3 September 2012 Prospectus and PERLS IV Reinvestment Offer Information PERLS VI Perpetual Exchangeable Resaleable Listed Securities

More information

Key information in connection with the Rights Offer and important dates are set out below for your reference:

Key information in connection with the Rights Offer and important dates are set out below for your reference: 17 October 2018 Dear Renounceable Pro Rata Rights Issue Notice to Eligible Shareholders On 16 October 2018, White Cliff Minerals Limited (Company) announced a

More information

COMMBANK PERLS VIII CAPITAL NOTES

COMMBANK PERLS VIII CAPITAL NOTES Prospectus and PERLS III Reinvestment Offer Information COMMBANK PERLS VIII CAPITAL NOTES Issuer Commonwealth Bank of Australia ABN 48 123 123 124 Date of Prospectus: 24 February 2016 Arrangers Joint Lead

More information

THE CORPORATIONS ACT NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THE CORPORATIONS ACT NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 18 MAY 2018 ASX LIMITED MARKET ANNOUNCEMENTS OFFICE LEVEL 40, CENTRAL PARK 152 158 ST GEORGES TERRACE PERTH, WA 6000 Dear Sir/Madam NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT NOT FOR DISTRIBUTION

More information

For personal use only

For personal use only FASTER ENTERPRISES LTD ACN 604 113 206 SUPPLEMENTARY PROSPECTUS IMPORTANT INFORMATION This is a supplementary disclosure document (Supplementary Prospectus) dated 20 September 2016 that was lodged with

More information

For personal use only

For personal use only Merlin Diamonds Limited ABN 86 009 153 119 Offer Document For A non-renounceable pro rata offer of New Shares at an issue price of $0.005 per New Share on the basis of two (2) New Share for every five

More information

ENTITLEMENT OFFER BOOKLET

ENTITLEMENT OFFER BOOKLET (ABN 37 004 268 679) ASX CODE: AUI One for eight renounceable rights issue of approximately 13,691,614 new fully paid ordinary shares at $6.50 per share. This document is important and requires your immediate

More information

Appen Limited ACN

Appen Limited ACN Appen Limited ACN 138 878 298 Share Purchase Plan Offer Booklet The Offer closes at 5.00 pm (Sydney time) on Friday 15 December 2017 This is an important document and should be read in its entirety. This

More information

SEEKA LIMITED OFFER DOCUMENT 1 FOR 1.5 PRO RATA RIGHTS OFFER. 12 November 2018

SEEKA LIMITED OFFER DOCUMENT 1 FOR 1.5 PRO RATA RIGHTS OFFER. 12 November 2018 SEEKA LIMITED OFFER DOCUMENT 1 FOR 1.5 PRO RATA RIGHTS OFFER 12 November 2018 This Offer Document may not be distributed in the United States of America or elsewhere outside New Zealand except to certain

More information

16 July The Manager Company Announcements Australian Securities Exchange Ltd 20 Bridge Street Sydney NSW 2000.

16 July The Manager Company Announcements Australian Securities Exchange Ltd 20 Bridge Street Sydney NSW 2000. 16 July 2018 The Manager Company Announcements Australian Securities Exchange Ltd 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam Share Purchase Plan and Cleansing Notice Please find attached a Share Purchase

More information

For personal use only

For personal use only 16 October 2013 THE TRUST COMPANY LIMITED SCHEME BOOKLET We attach the Scheme Booklet lodged with the Australian Securities and Investments Commission in relation to scheme of arrangement to effect the

More information

SPP Offer Documentation 16 May 2018

SPP Offer Documentation 16 May 2018 SPP Offer Documentation 16 May 2018 Carnarvon Petroleum Limited (ACN 002 688 851) (Company) provides the attached offer documentation in respect to its recently announced Share Purchase Plan ( SPP ), including

More information

ACN PROSPECTUS

ACN PROSPECTUS ACN 161 946 989 PROSPECTUS FOR A NON-RENOUNCEABLE ENTITLEMENT ISSUE TO ALL ELIGIBLE SHAREHOLDERS WHO ARE REGISTERED AS AT 7.00PM (AEST) ON WEDNESDAY 20 AUGUST 2014 TO RAISE UP TO APPROXIMATELY $1,950,000

More information

ACN SHARE PURCHASE PLAN

ACN SHARE PURCHASE PLAN ACN 161 946 989 SHARE PURCHASE PLAN SHARE PURCHASE PLAN ISSUE TO ALL ELIGIBLE SHAREHOLDERS WHO ARE REGISTERED AS AT 7.00PM (AEDT) ON FRIDAY 1 MARCH 2019 TO RAISE UP TO $800,000 AT AN ISSUE PRICE OF $0.005

More information

1 for 11 non-renounceable pro-rata entitlement offer of up to approximately million New Securities at $2.30 per New Security

1 for 11 non-renounceable pro-rata entitlement offer of up to approximately million New Securities at $2.30 per New Security This document may not be distributed into the United States or to any U.S. Person, other than to a limited number of Qualified Institutional Buyers and Qualified Purchasers and accompanied by the U.S.

More information

For personal use only

For personal use only 5 October 2016 The Manager ASX Market Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000 IRESS Limited (IRE.ASX) Share Purchase Plan On 26 September 2016, IRESS (IRE.ASX) announced that it had

More information

ENTITLEMENT OFFER LETTER TO SECURITY HOLDERS

ENTITLEMENT OFFER LETTER TO SECURITY HOLDERS asx release NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 3 September 2018 ENTITLEMENT OFFER LETTER TO SECURITY HOLDERS Attached is a copy of a letter being sent to retail security holders in relation

More information

Non Renounceable Rights Issue Offer Document

Non Renounceable Rights Issue Offer Document Non Renounceable Rights Issue Offer Document Kin Mining NL ACN 150 597 541 For a pro rata non renounceable rights issue to Eligible Shareholders on the basis of one New Share for every three Shares held

More information

For personal use only

For personal use only Appendix 3B New issue announcement Appendix 3B Rule 2.7, 3.10.3, 3.10.4, 3.10.5 New issue announcement, application for quotation of additional securities and agreement Information or documents not available

More information

COMMBANK PERLS X CAPITAL NOTES

COMMBANK PERLS X CAPITAL NOTES Prospectus COMMBANK PERLS X CAPITAL NOTES Issuer Commonwealth Bank of Australia ABN 48 123 123 124 Date of Prospectus: 15 March 2018 Arranger Joint Lead Managers Co-Managers Commonwealth Bank of Australia

More information

ABN OFFER DOCUMENT. for

ABN OFFER DOCUMENT. for ABN 44 155 933 010 OFFER DOCUMENT for A fully underwritten accelerated non-renounceable pro rata entitlement offer of one New Share for every three Shares held on the Record Date at an issue price of $0.22

More information

ENTITLEMENT OFFER RETAIL INFORMATION BOOKLET

ENTITLEMENT OFFER RETAIL INFORMATION BOOKLET 7 April 2017 NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES ENTITLEMENT OFFER RETAIL INFORMATION BOOKLET Attached is a copy of the Retail Information Booklet that will be despatched today to eligible

More information

For personal use only

For personal use only ABN 95 112 425 788 20 April 2016 ASX Announcement (ASX: PLS) Share Purchase Plan Further to its announcements of 7 and 15 April 2016, Pilbara Minerals Limited ( Pilbara or the Company ) is pleased to advise

More information

Prospectus. Simple steps to invest in a new security called ANZ StEPS

Prospectus. Simple steps to invest in a new security called ANZ StEPS Prospectus Simple steps to invest in a new security called ANZ StEPS Co-managers ABN AMRO Morgans Limited ANZ Securities Limited Bell Potter Securities Limited Citigroup Global Markets Australia Pty Limited

More information